Welcome to our dedicated page for Eco Wave Power Global Ab (Publ) news (Ticker: WAVE), a resource for investors and traders seeking the latest updates and insights on Eco Wave Power Global Ab (Publ) stock.
Eco Wave Power Global AB (publ) (Nasdaq: WAVE) is an onshore wave energy company that regularly publishes updates on its technology, projects, and partnerships. This news page aggregates company press releases and third‑party coverage related to Eco Wave Power’s wave energy activities, giving readers a focused view of developments around the WAVE stock and its underlying business.
News items for Eco Wave Power often highlight progress at key sites such as the EWP‑EDF One grid‑connected station at Jaffa Port in Israel and the onshore wave energy pilot station at AltaSea in the Port of Los Angeles. Articles also cover milestones in Portugal, including the planned 1 MW wave energy project in Porto under a 20 MW concession agreement with APDL, as well as project steps in Taiwan, India, and South Africa.
Investors and observers can expect coverage of topics such as installation and testing of floaters and energy conversion units, metocean and loads assessments, concession and tender awards, feasibility studies, and collaborations with partners like Shell Marine Renewable Energy, I‑KE International Ocean Energy, Bharat Petroleum, and Africa Great Future Development. The news flow also includes recognition events, such as Eco Wave Power’s Los Angeles pilot being named to TIME’s Best Inventions of 2025 and the company receiving the United Nations Global Climate Action Award.
By following this page, readers can monitor how Eco Wave Power advances its wave energy pipeline, reports on operational performance at pilot stations, and communicates financial and strategic updates through SEC‑furnished press releases and other announcements related to WAVE.
Eco Wave Power Global AB (WAVE) has signed a collaboration agreement with the Israeli Navy to explore the feasibility of deploying its wave energy technology at Navy bases. The project will involve the procurement and installation of wave measuring systems to gather data on wave conditions. After analyzing this data, the parties will assess the potential for using Eco Wave Power's technology for clean electricity generation at the bases. This partnership could lead to future contracts with military facilities globally, enhancing Eco Wave Power's market presence in renewable energy.
Eco Wave Power Global AB (WAVE) has successfully closed its public offering, raising approximately $9.2 million by selling 1,150,000 American Depository Shares (ADSs) at $8.00 each. This includes a full exercise of the underwriters' over-allotment option. The ADSs began trading on the Nasdaq Capital Market on July 1, 2021. Funds from this offering will be used to support the company's mission to generate green electricity through patented wave energy technology, aligning with its vision to combat climate change.
Eco Wave Power Global AB announced the pricing of a public offering of 1,000,000 American Depository Shares (ADSs) at $8.00 each, totaling approximately $8 million in gross proceeds. The offering will close on July 6, 2021, pending customary conditions. The ADSs will be listed on the Nasdaq Capital Market under the symbol 'WAVE' from July 1, 2021. The company aims to leverage these funds for future growth opportunities in green energy production.